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Re: None

Wednesday, 05/20/2015 4:41:20 PM

Wednesday, May 20, 2015 4:41:20 PM

Post# of 34559
Let me logically squash this R/S talk

Many of you are just being made aware of verbage in the quarterly which states:

Stock Split – Company anticipates a reverse stock split; to be confirmed; pending further due diligence and counsels’
approval.



Facts
This has been there for the last 2 quarterlies, either investors are too unclear to read this, or you're really not doing DD.

Analysis
1. First argument is a logical one - why would you let investors know, in advance, that you were planning a malicious split? Doesn't that seem counter-productive? I mean, I'm not a thief by trade, but it seems the element of surprise is the most effective.
2. The O/S is 480M, the A/S is 950M. Why would you split the stock when you have 500M shares that you could sell unbeknownst to your shareholders?
3. Per the latest quarterly, a private investor was brought in with $50,000 in seed funding. Do you want to screw over your private investor?
4. Do you believe a blue chip wants to work with a penny stock? Do you believe that investors in this area are trustworthy and honest? I think you know the answer to that. How do get rid of crappy investors? You increase your price per share.
5. "Q3- The Company has generated interest from a major carrier and OEM, and established a sales pipeline for its innovative technology. The company is in the process of securing additional capital for further development and implementation, to scale operations in multiple regions, and operating working capital;" - Does a .001 PPS garner interest from reputable companies?
6. Let's not forget about our current common shareholders - Kevin Bolton, Marianne Strobel (ex-AT&T exec) to name a few. Given they're on the board of the company... think they'd want to sink their common shares? Isn't the board the one making the decision?

...And that's just a few.

Want to talk transparency?
pennypuptech @ profit.ly

Want to talk due diligence?
r/pennypupdd - Work in progress :)

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